NEW DELHI: The Central Bureau of Investigation on Wednesday filed its supplementary chargesheet towards billionaire jeweller Mehul Choksi, his firms beneath Gitanjali Group in reference to over $2 billion scam within the Punjab National Bank (PNB).
In its chargesheet filed within the CBI particular court, Mumbai, the company has additionally charged 16 different entities, besides Choksi and his firms, at the charges of felony conspiracy, cheating and provisions beneath the Prevention of Corruption Act.
Earlier on Monday, in a chargesheet filed in a different court in Mumbai, the CBI named several different best officials of the bank including former PNB chief Usha Ananthasubramanian.
The company had additionally named PNB govt directors Okay V Brahmaji Rao and Sanjiv Sharan, and general supervisor (world operations) Nehal Ahad in its fee sheet.
CBI detailed the jobs of Nirav Modi, his brother Nishal Modi and Subhash Parab, an govt in Nirav Modi's corporate, officials stated.
An afternoon after on Tuesday, the bank posted a lack of Rs 13,416.91 crore for the fourth quarter (January-March 2018). Analysts claimed this to be the biggest ever loss to be incurred by way of a domestic lender, as bad loans greater.
Read how much the Nirav Modi scam price PNB
The lender additionally stated that it paid Rs 6,586.11 crore to different banks to discharge its liabilities associated with Letter of Undertakings (LoUs) and Foreign Letter of Credits (FLCs) issued within the unauthorized manner to choose some overseas branches of Indian banks throughout the fraudulent use of SWIFT gadget of the bank, which was once now not built-in with CBS (core banking answers).
In its chargesheet filed within the CBI particular court, Mumbai, the company has additionally charged 16 different entities, besides Choksi and his firms, at the charges of felony conspiracy, cheating and provisions beneath the Prevention of Corruption Act.
Earlier on Monday, in a chargesheet filed in a different court in Mumbai, the CBI named several different best officials of the bank including former PNB chief Usha Ananthasubramanian.
The company had additionally named PNB govt directors Okay V Brahmaji Rao and Sanjiv Sharan, and general supervisor (world operations) Nehal Ahad in its fee sheet.
CBI detailed the jobs of Nirav Modi, his brother Nishal Modi and Subhash Parab, an govt in Nirav Modi's corporate, officials stated.
An afternoon after on Tuesday, the bank posted a lack of Rs 13,416.91 crore for the fourth quarter (January-March 2018). Analysts claimed this to be the biggest ever loss to be incurred by way of a domestic lender, as bad loans greater.
Read how much the Nirav Modi scam price PNB
The lender additionally stated that it paid Rs 6,586.11 crore to different banks to discharge its liabilities associated with Letter of Undertakings (LoUs) and Foreign Letter of Credits (FLCs) issued within the unauthorized manner to choose some overseas branches of Indian banks throughout the fraudulent use of SWIFT gadget of the bank, which was once now not built-in with CBS (core banking answers).
CBI files chargesheet against Mehul Choksi, his company in PNB scam
![CBI files chargesheet against Mehul Choksi, his company in PNB scam]()
Reviewed by Kailash
on
May 16, 2018
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